Mike serves as the Chief Financial Officer of Prism Fitness Group. He has over 25 years of experience managing the financial functions of privately owned companies. He owns three companies and continues to manage finance, banking, legal matters, and human resources for these firms. His responsibilities include developing and obtaining financing, and closely managing cash flow.
Mike grew up around his family’s automobile and hardware businesses. He founded Hoesly and Company, Inc., a regional business brokerage and valuation firm, in 1985. The firm was sold to Cornerstone Business Services in 2005. His business experience includes manufacturing, service, and retail and distribution companies.
During his career as a business broker he transacted the sale or purchase of over 170 companies in 12 states and five foreign countries. An important component of this work was developing and maintaining close relationships with many Wisconsin and Midwest banks and private equity groups. He served as director and, later, as president of the International Business Brokers Association and has held the association’s Certified Business Intermediary (CBI) designation since 1989. Mike has become a well-respected educator and international speaker on business finance and valuation subjects. He is active in Rotary, the Business and Education Partnership, and several other service organizations.
Mike earned a MS degree from the University of Wisconsin in Recreation Management and Resource Economics. He lives in Madison with his wife Nan, who has owned her own financial services firm for over 30 years.